---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-093410"
form_type: "8-K/A"
ticker: "NLST"
cik: "0001282631"
company_name: "NETLIST INC"
filed_at: "2025-09-25T23:59:59+00:00"
generated_at: "2026-05-17T05:38:44.650404+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Netlist shareholders approve 50% increase in authorized common shares to 675M and 2025 equity plan

## Summary
- Shareholders approved amendment to increase authorized common shares from 450M to 675M (146.4M for, 46.2M against).
- Shareholders approved the 2025 Equity Incentive Plan (77.5M for, 11.5M against, 85.0M broker non-votes).
- Three directors elected: Chun K. Hong, Blake Welcher, Jun Cho; each received ~86-88M for votes.
- Board elects to hold advisory say-on-pay votes every three years despite shareholder preference for annual frequency.
- Ratification of Macias Gini & O'Connell LLP as independent auditor for FY2025 (172.7M for, 1.4M against).

## SEC filing metadata
- accession: 0001104659-25-093410
- form_type: 8-K/A
- ticker: NLST
- cik: 0001282631
- company_name: NETLIST INC
- filed_at: 2025-09-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 5.07, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282631/000110465925093410/0001104659-25-093410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282631/000110465925093410/tm2526880d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-093410
- JSON: https://secwatch.observer/filing/0001104659-25-093410.json
- Plain text: https://secwatch.observer/filing/0001104659-25-093410.txt

## Key facts
- Governance Changes
  NETLIST INC: Approved amendment to Restated Certificate of Incorporation to increase authorized common stock from 450,000,000 to 675,000,000 shares (effective 2025-09-24).
  - Change: charter amendment
  - Effective: 2025-09-24
  source text: On September 24, 2025, the Company filed the Certificate of Amendment, which was effective upon filing, with the Secretary of State of the State of Delaware.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282631/000110465925093410/0001104659-25-093410-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.